Glossary fro the Study Materials for the Texas Funeral Prearrangement Life Insurance Agent License: Key Words to Study 2023/2024

Glossary fro the Study Materials for the Texas Funeral Prearrangement Life Insurance Agent License: Key Words to Study Accidental Death Benefit Rider - correct answer insured dies in an accident Accumulation Period - correct answer Time during which a pool of money is being held Advertising - correct answer Clear, Understandable, Not Misleading Alien Company - correct answer Other Countries Annual Statement - correct answer Annual Accounting Report Annuitant - correct answer Individual named in the annuity contract- receive the payments. Annuitize - correct answer Disperse Money Annuity - correct answer A contract Annuity Period - correct answer Distribution payments begin Assets - correct answer All things of value owned by the insurance company Automatic Pemium Loan - correct answer automatically be used to pay overdue policy premiums